XRP recorded its largest realized loss since November 2022, with a weekly realized loss of $1.93 billion.

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On February 22, according to Santiment data, XRP recorded its largest realized loss since November 2022, with a weekly realized loss of $1.93 billion, indicating a concentrated panic sell-off by holders.

BlockBeats Note: Realized losses refer to losses that are actually confirmed and locked when investors sell assets at a price lower than their purchase cost; the corresponding unrealized losses are only paper losses that have not yet been sold and are not included in the statistics. In on-chain data, a significant increase in realized losses usually means that a large number of holders choose to sell while at a loss, reflecting a concentrated stop-loss or "capitulation sell-off" in the market, often accompanied by a significant weakening of sentiment.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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